Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). Its Eagle Ford assets are located in the core of the liquids-rich Eagle Ford shale in South Texas. The Eagle Ford shale covers approximately 269,000 gross acres of crude oil operations. Its Viking assets are located in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds 100% working interest land position in the East Duvernay resource play in central Alberta.

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Baytex Energy Corp > Financials released still show a problem

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Post by Unlucky13on Feb 23, 2021 10:51pm

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Post# 32644048

Financials released still show a problem

The financials released still show you what a world of hurt Baytex is still in. At $40 to $45 oil they barely keep the lights on and at $55 - $60 things improve but to really thrive they need $80 to $100 plus oil. That's not happening anytime soon so I will never get $5 a share which is what I need to consider selling, moving on to tiger sectors.

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